1615-1625 W River Rd N
Elyria, OH 44035
Midway Crossing · Retail Property For Sale
Investment Highlights
- Corporate Guaranty for Chipotle
- Dense retail node with national retailers in the surrounding area
- Infill Cleveland submarket with over 120,000 residents within a 5-mile radius
- Tenants have shown commitment to the site through extensions and renewals
- Excellent street visibility with multiple points of ingress and egress
Property Facts
Amenities
- Signage
- Signalized Intersection
About 1615-1625 W RIVER RD N , ELYRIA, OH 44035
Midway Crossing is a daily needs strip center that features a blend of national and regional retailers, located in the Cleveland submarket of Elyria. The subject property is fully-occupied by Chipotle (Corporate Guaranty), Verizon Wireless (Cellco Partnership Guaranty), Vanity Nails, and a Huntington Bank drive-thru ATM. Verizon recently executed an early lease extension through 2026, and last year Chipotle exercised its first renewal options. Midway Crossing benefits from excellent street visibility along W River Road, and is positioned in between Interstate 90 to the north, and Interstate 80 to the south, which are two of Ohio’s most heavily-trafficked interstates. The subject property is within Elyria’s main retail node, and is adjacent to Olive Garden and directly in front of a recently tenanted Planet Fitness. Surrounding retailers include Target, The Home Depot, Lowe’s, McDonald’s, and Dollar Tree, all helping drive traffic to the area.
Property Taxes
| Parcel Number | 06-24-173-000-023 | Improvements Assessment | $1,102,500 |
| Land Assessment | $43,680 | Total Assessment | $1,146,180 |
Property Taxes
